T1 Energy (TE) Research & Development (2023 - 2024)
T1 Energy posted quarterly Research & Development of $8.6 million for Q3 2024, up 21.59% year-on-year from $7.1 million in Q4 2023, and down 17.89% on a QoQ basis from $10.5 million in Q2 2024.
T1 Energy (TE) has 2 years of Research & Development data on file, last reported at $8.6 million in Q3 2024.
- For the quarter ending Q3 2024, Research & Development rose 21.59% year-over-year to $8.6 million; the trailing twelve-month figure through Sep 2024 stood at $41.0 million (changed N/A YoY), and the FY2023 full-year result was $28.5 million, up 109.64% from the prior year.
- Research & Development for Q3 2024 stood at $8.6 million, down from $10.5 million in the prior quarter.
- Across five years, Research & Development topped out at $11.7 million in Q1 2024 and bottomed at $4.8 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | - |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 56.85 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 22.70 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | - |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 62.40 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 4.29 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | - |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | - |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 12.11 Mn |
| 10 | T1 Energy | 2.25 Bn | 2.31 Bn | 29.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 8.62 Mn |
| Jun 30, 2024 | 10.49 Mn |
| Mar 31, 2024 | 11.75 Mn |
| Dec 31, 2023 | 10.16 Mn |
| Sep 30, 2023 | 7.09 Mn |
| Jun 30, 2023 | 6.37 Mn |
| Mar 31, 2023 | 4.84 Mn |